Price Trend

According to the price monitoring of business associations, urea factory prices in Shandong fell slightly this week. This week, the average price of urea mainstream producers dropped from 1916.67 yuan/ton at the beginning of the week to 1913.33 yuan/ton at the end of the week. The price of urea mainstream producers dropped by 3.34 yuan/ton, a decline of 0.17%, an increase of 1.16% over the same period last year. Overall, the urea market fell slightly this week, with the urea commodity index of 88.99 on July 26.

II. Market Analysis

Products: This week, the main urea factory prices in Shandong fell slightly. Yangmei Plain urea quoted 1870 yuan/ton this week, the quotation is temporarily stable; Shandong Ruixing weekend quoted 1860 yuan/ton, compared with the beginning of the week, the quotation fell by 10 yuan/ton; Mingshui Chemical Industry quoted 2010 yuan/ton this week, the quotation is temporarily stable. Recent environmental protection inspection atmosphere in China has eased, the overall industry start-up rate of domestic compound fertilizer enterprises has risen, and the plant load is still acceptable.

Market demand: Agricultural demand in Shandong has passed, although there is a phenomenon of fertilizer supplementation, but relatively few, along with the downstream demand decline, urea prices have slowly declined. It is expected that the urea market in Shandong Province will fall mainly in the short term.

Industry chain: Upstream natural gas prices rose slightly, liquid ammonia market rose slightly, urea cost support was strong, which had a negative impact on urea prices. The downstream compound fertilizer is generally started, which has a negative effect on urea.

3. Future Market Forecast

Low urea prices consolidated in late July. After the adjustment in June, the capital reflux of each factory is in good condition, the start-up rate has risen, and the production capacity has risen. Business society urea analysts believe that the current domestic urea market is affected by environmental protection and raw material costs. With the recovery of urea enterprise start-up rate, coupled with the current agricultural demand climax has passed, the downstream game atmosphere of the market is strong and start-up costs are gradually increasing, leading to the difficulty of maintaining urea market prices. It is expected that urea prices will be difficult to maintain in late July. Or low consolidation.

Price Trend

This week (7.22-7.26) the “V” trend of the domestic 1 # tin ingot market. The average price of the domestic market was 13635 yuan/ton at the beginning of the week, and 13617.50 yuan/ton at the end of the week, down 0.14%.

On July 26, the tin commodity index was 69.35, up 0.44 points from yesterday, down 30.82% from the peak of 100.25 points in the cycle (2011-09-05), and up 61.81% from the low of 42.86 points on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, the domestic spot tin market first restrained and then rose, showing a “V” trend as a whole. As of Friday, the mainstream price of domestic spot tin was 135000-137000 yuan/ton, down 250 yuan/ton from the beginning of the week. Tin ingots on the first three days of this week followed the period of low tin, and on Thursday, the price of tin rebounded, but the downstream entered the view. Looking forward to the atmosphere, business is limited. In the aspect of lifting and discharging water, the suit brand Yunxi lifting water is 1000-1500 yuan/ton, the ordinary Yunzi lifting water is 500-1200 yuan/ton, and the small brand lifting water is 400-800 yuan/ton.

Non-ferrous industry: This week, the dollar soared near 97.9, crude oil high fell, basic metals after last week’s bulls dominated the market have come out of the breakthrough market, this week, there are many profit cuts out of the market, short homeopathic pressure situation, most of the metal appears in varying degrees of decline and decline.

3. Prospects for the Future Market

Next week is the last few trading days of late July. It is difficult for cash pressure to keep the spot market active. However, due to the market waiting for the results of the Federal Reserve interest rate reduction meeting and the good expectations of the new progress in Sino-US trade negotiations, it is expected that the broad volatility of spot tin prices will dominate next week.

Price Trend

According to the price monitoring of business associations, as of July 23, the average price of domestic aggregated MDI market was 12700 yuan/ton, which was 625 yuan/ton higher than the lowest price in a month (6.17), an increase of 5.18%, a decrease of 34.65% compared with the same period last year, and the overall market situation was relatively strong.

II. Market Analysis

Products: Domestic aggregated MDI market quotation is relatively strong, the focus of negotiation is difficult to move up. Towards the end of the month, traders are scarce in supply, reluctant to sell mainly, and the quotation is mainly increased. On the other hand, the downstream inquiries are still light, and it is difficult to improve in the short term. However, in view of the stringent control of the manufacturer’s goods and the obvious market intentions, with the gradual improvement of market demand, there is still room to explore the market price of aggregated MDI. Traders are now traveling with the shipment, cautiously watching the manufacturer’s price guidance and supply policy.

On the market side, the market price of aggregated MDI in South China is on the strong side. On-site supply is slightly tight. Towards the end of the month, the holders are reluctant to sell, and high prices are difficult to conclude transactions. The operators are cautious about the dynamics of the manufacturers. The market of aggregated MDI in East China is strong and the turnover is weak. There are not many goods in the yard, and the holders are reluctant to sell, but they just need small orders downstream. The aggregate MDI market in North China is shaking strongly. Supplier manufacturers control the market, near the end of the month, holders are reluctant to sell mainly, quotation is strong, but downstream inquiries are relatively light.

Industry chain: raw materials, pure benzene: pure benzene US dollar plate continued to fall, suppressing market enthusiasm. The downstream is cautious in picking up goods, and the business holds a weak expectation of the future market. Aniline: Because the upstream raw material pure benzene US dollar plate falls unceasingly, the market mentality is cautious, in addition to Shandong Jinling pure benzene tender price stock falls expectations, and at present the downstream aniline factory parking restriction is more, the demand is weak, in the short term the aniline Market stable price shipment primarily.

3. Future Market Forecast

Business Cooperatives: Aggregate MDI market prices to break the multi-day stalemate, traders have a strong price mentality, there are good expectations for the future market. Business Association aggregate MDI analysts expect that the short-term domestic aggregate MDI market will remain strong.

Price Trend

According to the data of business associations, the domestic market price of monoammonium phosphate has been running steadily this week. The average price of powder ammonium is 2200 yuan per ton at the beginning of the week and 2200 yuan per ton at the end of the week.

According to the monitoring data of business associations, the domestic market price of diammonium phosphate has been running steadily this week, with 64% of diammonium granules leaving the factory at an average price of 2500 yuan/ton at the beginning of the week and 2500 yuan/ton at the end of the week.

II. Market Analysis

Monoammonium phosphate: There is no obvious change in the domestic market price of monoammonium phosphate. The price of 55% ammonium powder in Anhui province is 2100-2200 yuan/ton, and the start-up is stable; the price of 60% ammonium powder in Hubei province is 2300-2400 yuan/ton, and the overall operation is stable; the market in Henan province is stable, and the price of 55% ammonium powder in Anhui province is 2100 yuan/ton, and the start-up is stable. The overall start-up rate of enterprises is about 50%.

Diammonium phosphate: The domestic diammonium market is weak. At present, 64% of diammonium in Hubei is quoted at 2400-2600 yuan/ton, 64% of diammonium in Shandong is quoted at 2400-2500 yuan/ton, and 64% of diammonium in Yunnan is quoted at 2700 yuan/ton.

Industry chain: upstream domestic phosphoric acid enterprises started stable, spot supply is tight, due to the rise of yellow phosphorus, phosphoric acid holders high offer. Domestic sulfur market prices rose slightly and supply and demand were balanced. Maintaining stable operation of domestic phosphate ore market is dominant, with small fluctuations in some areas. Domestic liquid ammonia market has little fluctuation, moderate price and steady market. Downstream compound fertilizer enterprises are cautious in taking goods and remain on the sidelines.

3. Future Market Forecast

Ammonium phosphate analysts of business associations believe that ammonium is mainly used in the previous orders, while a small number of downstream compound fertilizer enterprises follow up, most of them are cautious and wait-and-see attitude. The ammonium market may run steadily in the short run. From the demand point of view, diammonium is in the off-season, the market is weak, the demand is very small, the international market is flat, and the price of diammonium is expected to remain weak and stable in the later period.

Price Trend

According to the data from the business associations’list, the price trend of domestic TDI market has been stable this week. At the beginning of the week, the average market price in eastern China was about 14,000 yuan/ton. At the end of the week, the average market price in eastern China was about 14,000 yuan/ton. During the week, the price was flat, down 58.80% year on year.

II. Market Analysis

Product: This week, the TDI market in eastern China is deadlocked and the price trend is stable. This week, the atmosphere on the venue is still light, single transactions are not smooth, business offers remain stable and follow the market. As of the 19th, the quotation of domestic goods with tickets in East China is 13500-13700 yuan/ton, that of Shanghai is 13700-13800 yuan/ton, that of South China is 13600-13700 yuan/ton, that of Shanghai is 13800-14000 yuan/ton, and that of North China is 13700-13800 yuan/ton. 13400-13600 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 13600-13800 yuan/ton.

Industry chain: The price trend of nitric acid in the upstream is stable, and the market price is about 1756.67 yuan/ton in a week, which is stable; the mainstream quotation of nitric acid in Jiangsu is 1720 yuan/ton, and the quotation is temporarily stable, and the demand of nitric acid market is still acceptable. The quotation of the manufacturer is basically stable, and the quotation of individual manufacturer is somewhat loose. The nitric acid shipment situation is general. The toluene market price was stable from the beginning of the week to the middle of the week. Driven by the drop in oil prices in the second half of the week, the price began to recover. At present, the mainstream price in East China is around 5400-5450 yuan/ton, with a drop of 0.34% in the week.

3. Future Market Forecast

According to the analysis of business association data analysts: the domestic TDI market is stagnant, the overall atmosphere in the field is still depressed, the demand side lacks substantive support, the transaction follow-up is not smooth, and the main business is to make more offers to maintain stability and negotiate shipment. Short-term or moderate strong shocks are expected.

1. Melamine price trend:

According to the data from the business associations’list, as of July 19, the market price of melamine had risen. At present, the mainstream price of melamine in China is 5800-7200 yuan/ton, which is 3.78% higher than that at the beginning of the week and 4.92% higher than that on June 19.

II. Market analysis:

Products: Melamine market price rises. Enterprises often carry out pre-purchase in advance, without pressure on delivery. Recently, part of the overhaul equipment started to start, the market start-up rate has rebounded, and downstream terminal demand performance is general.

Industry chain: the upstream urea market is stagnant, the mainstream ex-factory prices have fallen slightly, the trading atmosphere is light, there is no favorable demand for agriculture and industry, and the downstream receipt enthusiasm is general.

3. Future market forecast:

According to the business association’s forecast, the short-term domestic melamine market will be mainly stable operation.

Price Trend

According to the data of business associations, driven by the rise in crude oil, domestic xylene market prices continued to rise last week, with a weekly increase of about 2.5%.

II. Analytical Review

1. Products: The market price of xylene was stable from the beginning of the week to the middle of the week. Driven by the rebound of oil price in the second half of the week, the price began to rise. At present, the mainstream price in East China is about 5600-5650 yuan/ton.

2. Industrial chain:

Upstream, crude oil, this week oil prices changed from last week’s decline, a strong rebound, Brent crude oil futures rose about 4.4% this week, WTI crude oil futures rose about 4.9% this week.

Downstream, PX market, downstream PTA prices rise, overlapping Global trade has good expectations, terminal textile exports are expected to increase, PX downstream market is supported, short-term prices still have room to rise; OX market, phenyl market is mixed, the future phenyl clean-up operation, market stability.

3. Future Market Forecast

Xylene analysts from Business, Social and Chemical Branch believe that the toluene market is expected to pull back slightly next Tuesday. For international crude oil, we need to focus on the situation in the United States and Iraq and the fluctuation of demand for crude oil in the global economic outlook.

I. Trend of Rare Earth Market

As of July 12, the weekend price of Pr-Nd oxides was 32500 yuan/ton, the price trend dropped 4.44% and increased 2.71% year-on-year; the domestic reference quotation of dysprosium-iron alloys was 19200 yuan/ton, the price trend declined 1.29% and increased 62.71% year-on-year; and the domestic reference quotation of Pr-Nd alloys was 41.44%. 5,000 yuan per ton, the price trend fell by 4.60%, 3.82% year on year; the mainstream price of praseodymium oxide was 405,000 yuan per ton, the price trend was temporarily stable, down 1.22% year on year; the mainstream price of dysprosium oxide was 192,000 yuan per ton, the price trend was down 1.29%, up 66.23% year on year; the price of neodymium oxide was 324,500 yuan per ton, and the price trend was down. 4.42%, down 0.15% year on year; neodymium quotation is 41500 yuan/ton, price trend is 4.60%, flat year on year; praseodymium ex-factory quotation is 710000 yuan/ton, price trend is temporarily stable, up 7.58% year on year; dysprosium ex-factory mainstream quotation is 24000 yuan/ton, price trend is temporarily stable, up 47.69% year on year.

II. Rare Earth Price Index

On July 12, the rare earth index was 386 points, unchanged from yesterday, down 61.40% from the cyclical peak of 1000 points (2011-12-06), and up 42.44% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

III. Market Analysis

Recently, the prices of some products in the rare earth market have declined. Most commodity prices in the rare earth market have been stable. However, the prices of some products in the rare earth market have fallen recently. The prices of dysprosium and terbium metals have fallen. Recently, the prices of praseodymium and neodymium series products have declined. The supply in the rare earth market is normal, and the prices of light rare earths have declined recently. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is still tense. The price trend of rare earth market has slightly declined. Recently, large enterprise groups on the market are reluctant to sell. The market trend of rare earth is poor. However, major manufacturers are cautious about the pricing of products.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and the trading market of the rare earth industry has declined.

IV. Future Prospects

Rare earth analysts from business associations expect that domestic environmental stringency will not diminish in the near future, coupled with domestic rectification of the order of the rare earth industry, Myanmar restricts exports and reduces supply, but rare earth market transactions are limited in the near future, and some prices in the rare earth market are expected to fall.

Price trends:

The crude benzol commodity index on July 12 was 62.64, unchanged from yesterday, down 52.49% from the cyclical peak of 131.84 points (2013-01-28), and up 59.59% from the lowest point of 39.25 on December 22, 2014. (Note: Period refers to 2011-09-01 to date).

II. Market analysis:

Domestic market: The domestic crude benzene market has been rising since June, mainly boosted by the sharp rise in the external market of pure benzene. Sinopec has raised its listing price several times, up to 5250 yuan/ton on the 12th day. In addition, the inventory of pure benzene ports has been declining for a long time. Market participants are still bullish on the future market of pure benzene. Market demand: In recent years, the starting rate of hydrobenzene enterprises is gradually rising, many decoration projects are started, or some enterprises have restart plans, the demand for crude benzene will increase, boosting the crude benzene market. In terms of market supply, coking enterprises have started construction more steadily in the near future, with stable supply, high initiative and stable supply.

Industry Chain: Crude Oil: Oil prices showed a slight rebound after falling this week. Overall, Brent fell nearly 2% compared with last week, and WTI fell more than 4%. Oil prices fell early in the week on fears of a slowdown. On Wednesday, news of three consecutive weeks of decline in U.S. crude oil inventories and a nine-month extension of OPEC’s cut-off agreement boosted oil prices. Oil prices rose twice this week. After the second increase, downstream conflicting sentiment was strong and pure benzene speculation eased. Pure benzene: Pure benzene market enthusiasm is high. Monday was the beginning of the month, as the contract delivery task was completed at the end of June, the enthusiasm for market surge eased. On Tuesday, news began that South Korea exported only 20,000 tons of pure benzene to China in June, and the stock of East China Port declined, boosting the market, the market sentiment was strong.

3. Trend forecast:

Recent positive factors have been released centrally. Most of the pure benzene market is optimistic. Inventories in East China continue to decline. Hydrobenzene companies in downstream areas have started construction. It is expected that the crude benzene market will still have room for growth next week, with an increase of about 100 yuan/ton.

Price Trend

Business associations: MTBE market prices rose this week (July 7-July 13)

According to data from business associations, MTBE’s price this weekend was 5250 yuan/ton, up 1.81% from the previous week’s price.

II. Market Analysis

Products: Gasoline market price rose 4.87%, domestic MTBE market will rise this week.

Industry chain: MTBE spot price in South China continued to rise during this period; Shandong rebounded after the fall. In South China, Sinopec’s MTBE demand is large this month, and the enthusiasm of oil regulators has also increased. MTBE is still in short supply and manufacturers are actively pushing up. In Shandong, MTBE demand has improved and prices have rebounded rapidly supported by less supply.

3. Future Market Forecast

Analysts of MTBE products of Business Society Energy Branch believe that the supply of MTBE is still on the tight side from the basic point of view, and the market of MTBE will continue to rise if there is still a positive increase in demand.

I. Acrylic acid price trend:

The average acrylic acid price as of July 10 was 7600.00 yuan/ton, which was flat with the price on July 9, and the market was temporarily stable, down 4.20% compared with June 10, according to the data from the business associations’list.

II. Market analysis:

Product: Acrylic acid market is stable for the time being. The price of raw materials market is high, the cost is low, the profit is high, the pressure of factories is high, and the atmosphere of market pushing is strong. At present, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. is stable. Propionic acid 7800 yuan / ton, refined acid 8600 yuan / ton, the specific transaction price, the facts.

Industry chain: Upstream propylene prices in Shandong continued to rise slightly as of the 10th. Recently, the price of propylene enterprises in Shandong Province began to rise on July 2, and rose by 400 yuan/ton on July 5. After a few days of stabilization, the price rose by 50-100 yuan/ton on September 9 and 50 yuan/ton on October 10. At present, the mainstream transaction in the market is about 8050-8250 yuan/ton, and the mainstream price is as high as 8150 yuan/ton.

3. Future market forecast:

According to business associations, the short-term domestic acrylic acid market may be dominated by stable operation.

Price Trend

According to the price monitoring of business associations, the domestic methanol market fell as a whole this week. At the beginning of the week, the average domestic methanol market price was 2178 yuan/ton. At the end of the week, it was 2160 yuan/ton. Within the week, the price fell by 0.83%, 23.18% compared with the same period last year.

II. Market Analysis

Products: Although the domestic methanol market declined further this week, with the increase of middlemen’s air-filling operations, futures up to more than 2300 and the good news of Baofeng, Nanjing Chengzhi Phase II MTO meeting expectations, etc. news boosted; sales in the main producing areas were smooth, and port trends were relatively strong. Nanjing Chengzhi Phase II newly built 600,000 tons methanol to olefin unit was commissioned at the end of June. At present, the unit is running smoothly. As of Wednesday (7.3), the total stock of ports in eastern and southern China was 799,400 tons, up 346,000 tons annually.

Industry chain: formaldehyde: This week, the formaldehyde market shocks down. This week, the methanol market in many places fell to a low level, the cost support was weak, and the downstream market demand was light. Under the influence of bad news, the offer of formaldehyde enterprises in many places was lowered, and the actual single transaction was normal. Acetic acid: The domestic acetic acid market is stable this week. At the beginning of the week, the domestic acetic acid plant is running steadily, and the spot market is increasing continuously. As a result, some enterprises in central China appear preferential negotiation, which aggravates the hollow market. But at present, the four major East China suppliers are still tight, which gives support to market stability. In the mid-week period, Shanghai Huayi 1.2 million tons acetic acid plant reduced its load to 4-50% operation, and is expected to resume within one week. Moreover, Jiangsu Soap acetic acid plant continued to operate 80% of the total, which intensified the supply shortage in East China and gave strong support to export quotations. Dimethyl ether: This week, dimethyl ether prices fell weakly and the trading atmosphere was general. After last week’s price bottoming, the northern market ushered in a periodic replenishment period. Henan market rebounded slightly over the weekend. By Tuesday (July 2), end-user inventory saturation was gradually leaving the market. At the same time, the leading enterprises in Western Henan had increased their load, and the enterprises were unable to push up. The trading atmosphere was once again deadlocked, and the focus of negotiations was on one after another. Step down.

3. Future Market Forecast

Business Cooperative Viewpoint: On the positive side, there are still some scheduled overhauls of methanol plants in July, including Shenmu, Yankuang Yulin, Xianyang Chemistry and other enterprises in Shaanxi; Jiutai MTO plant in Inner Mongolia is currently in full capacity production and methanol is being purchased one after another; Chengzhi MTO phase II in Nanjing is in trial production at the end of June; Shandong Luxi MTO is expected to be commissioned in July; Baofeng, Ningxia Outbound factories shipped smoothly this week, and most factories had lower inventories. On the negative side, Shenhua Yulin MTO plant is expected to be overhauled in July for 20 days; the domestic methanol plant is expected to remain at a high level, and it is expected to remain above 70% next week, with abundant local supply; due to safety, environmental protection inspection and other factors, local market terminal enterprises stop, affecting methanol consumption. After this week’s deep decline, the profitability of some downstream products has improved, such as propylene, formaldehyde and so on, and the market prices in Inner Mongolia and other places have fallen to the cost line level, so the speculative intention of some operators has increased; methanol analysts of business associations expect that the domestic methanol market will temporarily stop falling next week; however, the basic supply of products. Pressure has been highlighted and demand has not been significantly increased. It is expected that the medium-term market will still need to pay attention to the progress of new MTO devices.

1.Price Trend

According to the monitoring data of business associations, the market price of diammonium phosphate fell this week. At the beginning of the week, the average price of domestic diammonium phosphate was 2616 yuan/ton, while the average price of domestic diammonium phosphate was 2500 yuan/ton at the end of the week, which was lower than that of last week.

II. Market Analysis

Product: The domestic market price of diammonium phosphate has been lowered this week. At present, 64% of diammonium in Hubei is quoted at 2400-2600 yuan/ton, 64% of diammonium in Shandong is quoted at 2400-2500 yuan/ton, and 64% of diammonium in Yunnan is quoted at 2700 yuan/ton.

Industry chain: In terms of raw materials, the phosphate ore market is still stable in the short term, with little price fluctuation. Phosphoric acid market prices have dropped, the current price has fallen to a low level, the market demand has increased. The domestic liquid ammonia Market in the main producing areas slightly declined.

3. Future Market Forecast

According to the analyst of diammonium phosphate, diammonium phosphate is in the off-season of demand, the supply exceeds the demand, and the price of diammonium is seriously depressed in the international market. From the supply point of view, the price of raw phosphoric acid and liquid ammonia has been lowered in an all-round way, and the price of diammonium is expected to remain weak in the later period.

Price Trend

According to the business association’s data, the price of pure benzene in China rose sharply this week, rising 200-300 yuan/ton. This week, the highest price of pure benzene appeared from Thursday to Friday, and the price was 4900-5050 yuan/ton, an increase of 3.95% compared with last week.

II. Analytical Review

1. Products: This week, the domestic pure benzene market is very enthusiastic. Monday was the beginning of the month, as the contract delivery task was completed at the end of June, the enthusiasm for market surge eased. On Tuesday, news began that South Korea exported only 20,000 tons of pure benzene to China in June, and the stock of East China Port declined, boosting the market, the market sentiment was strong.

2. Crude oil: This week, oil prices showed a slight rebound trend after falling. Overall, Brent fell nearly 2% compared with last week, and WTI fell more than 4%. Oil prices fell early in the week on fears of a slowdown. On Wednesday, news of three consecutive weeks of decline in U.S. crude oil inventories and a nine-month extension of OPEC’s cut-off agreement boosted oil prices. Oil prices rose twice this week. After the second increase, downstream conflicting sentiment was strong and pure benzene speculation eased.

3. Downstream: The price of styrene rose by 2.27% this week, supporting the price of pure benzene.

4. External trading: US pure benzene prices continue to slump, Asia-US price gap continues to narrow, threatening the Chinese market, CFR China negotiations began to increase recently.

III. Future Market Forecast

1. Crude oil: Next week, although the upward momentum of oil prices is slightly weakened by market worries, OPEC production reduction is prolonged, and the bottom support of the decline in U.S. crude oil inventories is more obvious, and the overall trend of oscillation and warming will continue.

2. Domestic market: Sinopec’s listing price still lags behind the spot market. There is still much room for the increase of listing price in July, which will boost the market. Moreover, the inventory of East China Port has been declining, and the pick-up speed has been significantly improved compared with the previous period, and the market is expected to be further supported.

3. External trading: US spot resources arrived and prices began to fall, but the Asian-American window remained open. Short-term Korean resources still flowed to the US arbitrage, which supported domestic spot prices.

Taking into account, next week’s pure benzene market may continue a slight upward trend, but the increase is limited.

On July 3, the fluorite commodity index was 109.21, unchanged from yesterday, down 14.34% from the peak of 127.49 points in the cycle (2019-01-03), and up 121.93% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, with the average domestic fluorite price of 312.5 yuan/ton as of the 4th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 4th day, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. The domestic market price of hydrofluoric acid is 12070 yuan/ton as of the 4th day. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite is weakening and the price fluctuation of fluorite is running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may remain volatile.

Price Trend

In June 2019, the domestic tin ingot Market rose first and then fell. The average price of the domestic market was 143412.50 yuan/ton at the beginning of the month and 14331.50 yuan/ton at the end of the week, with a decrease of 0.07%.

On June 28, the tin commodity index was 73.00, up 0.13 points from yesterday, down 27.18% from the cyclical peak of 100.25 points (2011-09-05), and up 70.32% from the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Analysis

Domestic market: In June, spot prices followed the trend of Shanghai and Tin, rising first and then falling. At the end of the month, the main spot prices returned to 142,500-144,000 yuan/ton at the beginning of the month, with a monthly drop of 100 yuan/ton. In terms of supply, this month, the market supply of goods is normal, mainly low-price brands and ordinary cloud words. Among them, low-price small brands are more popular than popular ones. In terms of general cloud words and small brands, the price is basically stable at 400-1500 yuan per ton of stickers, and the price of Yunxi stickers is 200-500 yuan per ton.

Import and Export: According to data released by Indonesia’s Ministry of Trade on June 14, Jakarta, Indonesia’s refined tin export volume in May was 6,759.26 tons, a 46% decrease over the same period last year. Indonesia is the world’s largest tin exporter. Indonesia’s tin refining exports increased by 15% in May.

London, June 19, 2010 – The World Bureau of Metal Statistics (WBMS) reported a shortage of 4,700 tons in the global tin market from January to April 2019. The total reported inventory increased by 3,800 tons compared with the end of 2018, including an increase of 6,000 tons in Indonesian inventory for unknown reasons. From January to April 2019, the world reported a 2,200-ton decline in refined tin production and a 2,200-ton decrease in Asian production. China’s apparent demand fell 1.1% year on year. The global demand for tin from January to April 2019 was 112,000 tons, down 0.6% from the same period last year. Japan’s consumption was 9,100 tons, an increase of 93% over the same period last year. In April 2019, the global production of refined tin was 29,000 tons and consumption was 30,100 tons.

Domestic events:

Oxford Photovoltaic is moving towards the next generation of tin-based solar cells: Oxford PV plans to market tin-based perovskite-based solar cells by the end of next year. The conversion efficiency of tin halide solar cells into photovoltaic energy is about 27%. They are cheaper, more efficient and easier to produce than standard solar panels. The International Tin Association believes that this technology is one of the next generation renewable energy technologies, which will be conducive to the demand for tin.

GSMA: Over the next seven years, Asian operators will invest $370 billion in 5G: On June 26, GSMA (Global Association of Mobile Communication Systems) released the latest report of Mobile Economy Asia-Pacific edition in MWC19 Shanghai today, which shows that Asian operators plan to invest $370 billion to build a new 5G network between 2018 and 2025. It is expected that by 2025, all 24 Asia-Pacific markets will launch 5G. It is predicted that 5G will contribute nearly 900 billion US dollars to the region’s economy in the next 15 years.

3. Prospects for the Future Market

As we enter July next week, there are many and concentrated economic data at home and abroad. The US dollar index is feared to rise again at a low level. Basic metals are still facing various risks. If the varieties have strong fundamentals, they can still maintain a more diversified pattern, and the differentiation of basic metals will be obvious.

Price Trend

According to the data of business associations, the price trend of cryolite market was stable this week, and the average price of cryolite market was stable at about 6333.33 yuan/ton during the week, down 2.99% from the same period last year.

II. Market Analysis

Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to 28 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.

Industry chain: The domestic fluorite market price rose slightly this week. The weekend price was 3100 yuan/ton, which was 0.81% higher than that at the beginning of the week and 17.20% higher than that at the beginning of the week. Domestic fluorite prices have risen slightly this week, and the start-up rate of fluorite plants has not changed much. However, downstream demand has improved. The spot supply of fluorite in the field is normal. Influenced by many factors, the price of fluorite has risen slightly. Downstream electrolytic aluminium: This week, the price of aluminium is tidying up and running. The price is slightly lowered. At the beginning of the week, the price keeps around 13853.33 yuan/ton, at the end of the week, it is about 13830.00 yuan/ton, and the price is down by 0.17%.

3. Future Market Forecast

Analysts of the cryolite industry of Business Society Chemical Branch believe that the price of fluorite in the upper reaches of cryolite has increased slightly, while the price of aluminium in the lower reaches has decreased slightly, and the market of cryolite is expected to maintain stable operation in the later period.